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Lifestyle brand Terractive raises pre-Series A round

Entrackr

Entrackr · 7m ago

The Mumbai-based lifestyle activewear brand Terractive has raised Rs 8 crore in a pre-Series A funding round co-led by Fireside Ventures and DeVC (Matrix Partners). The proceeds will be utilized to accelerate fabric development and enhance product innovation, Terractive said in a press release. Co-founded in 2023 by Raena Ambani and Rahee Ambani-Choksi, Terractive empowers activewear by blending innovative fabric technology with unmatched comfort. Signature fabrics like TerraSoft, with its cotton-like feel and anti-odor properties, and CoolKnit, crafted for a cooling effect and premium look, showcase the brand’s commitment to performance and style. With a focus on quality and innovation, Terractive aims to become the go-to choice for premium everyday wear. According to Terractive, its differentiated offerings include bestsellers like the TerraSoft Cuddle Tees, 365 Men’s Shorts, and Activity Skorts. By blending cotton-soft fabrics with anti-microbial and anti-odor properties, the brand caters to modern consumers seeking versatile and premium-quality lifestyle wear. As per market research, the fashion and apparel market in India is projected to reach a revenue of $105.50 billion in 2024 and is expected to grow annually at a rate of 3.35% CAGR through 2029. Terractive aspires to create signature fabric blends centered on comfort during daily movement. For instance, their bestseller Cool Knit Fabric looks and feels like premium cotton with a surprisingly cooling sensation on the inside, all while being anti-microbial, anti-odor, and sweat-patch-free. Meanwhile, the brand claims that its Cuddle Tee range has more than 25,000 customers. It competes with other brands in this space, such as Blissclub, Carbontree, and Cukoo, among others.

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The Money Club, Terractive, Atmosphere, Medial score early-stage funding

VCCircle

VCCircle · 7m ago

The Money Club, Terractive, Atmosphere, Medial score early-stage funding

Fintech platform The Money Club has raised $2.5 million in a Series A round led by Prudent Investment Managers. The platform provides on-demand liquidity to new-to-credit users without physical paperwork. Terractive, a Mumbai-based startup selling active lifestyle products, raised Rs 8 crore in a pre-Series A funding round led by Fireside Ventures and DeVC. Atmosphere, a designer of retail and workspace fit-outs, secured Rs 5 crore in a seed round led by Artha Venture Fund. Professional social media startup Medial raised $500,000 in an investment round led by Ortella Global Capital.

Fiona Diamonds, The Quorum Club secure early-stage funding

VCCircle

VCCircle · 1y ago

Fiona Diamonds, The Quorum Club secure early-stage funding

Fiona Diamonds and The Quorum Club have secured early-stage funding. Fiona Diamonds, a lab-grown diamond brand, raised $724,799 in a seed funding round led by Venture Catalysts. The Quorum Club, a lifestyle hospitality brand, received an undisclosed amount in a pre-Series A funding round from Gruhas. Both companies plan to use the funding to expand their presence and develop their products/services.

Fur Jaden raises Rs 9.5 Cr in pre Series A from Gruhas Collective Consumer Fund

Entrackr

Entrackr · 3m ago

Fur Jaden raises Rs 9.5 Cr in pre Series A from Gruhas Collective Consumer Fund

Snippets Fur Jaden raises Rs 9.5 Cr in pre Series A from Gruhas Collective Consumer Fund Lifestyle luggage brand Fur Jaden has picked up Rs 9.5 crore (about $1.1 million) in pre-Series A funding round led by Gruhas Collective Consumer Fund (GCCF). The proceeds will be used to accelerate growth by building high-calibre professional teams, amplifying brand presence, expanding product categories, and scaling omnichannel retail reach, Fur Jaden said in a press release. Co-founded in 2015 by Sahil Rajesh Bansal and Karishma Bansal, Fur Jaden is an innovative Indian fashion and lifestyle accessory brand committed to redefining the perception of backpacks and luggage. With a focus on sustainability, innovation, and design, the brand offers a diverse range of products that cater to the evolving needs of modern consumers, positioning itself as more than just a product manufacturer, but a lifestyle partner. Since its inception, Fur Jaden claims that it has built a devoted consumer base, delighting over 1 million customers with its curated product portfolio. This spans multiple categories, including luggage, travel duffles, backpacks, and crossbody bags. With a firm commitment to sustainability, 50% of the brand’s product line features an eco-friendly range, incorporating cruelty-free vegan leather and recycled canvas. According to market research, the Indian luggage, bags, and backpack market was estimated at Rs 20,400 crore in 2024 and is projected to reach Rs 29,900 crore by 2030, growing at a CAGR of 8% from 2025 to 2030. Over the next 16–18 months, the brand aims to achieve an annual recurring revenue (ARR) of Rs 100 crore in net revenue. Simultaneously, over the next five years, the brand is focused on cementing its position as a leading home-grown lifestyle luggage brand with a robust pan-India presence.

Nikhil Kamath's Gruhas, others invests in Hospitality startup Quorum Club

IndianStartupNews

IndianStartupNews · 1y ago

Nikhil Kamath's Gruhas, others invests in Hospitality startup Quorum Club

Gruhas, a firm co-founded by Nikhil Kamath and Abhijeet Pai, has led a pre-Series A funding round for lifestyle hospitality brand Quorum Club. The investment amount has not been disclosed. Quorum Club, a subscription-based members-only hospitality brand, plans to expand across India, targeting cities like Bengaluru, Goa, and Delhi. The brand aims to diversify its membership base, which currently stands at around 2,800, and has seen significant financial growth in recent years. Other shareholders participating in the funding round include Alok Oberoi, Sabre Advisors, and Sattva Group.

Shark Tank India feautred Nestroots raises Rs 3Cr in a pre-Seed round

IndianStartupNews

IndianStartupNews · 1y ago

Shark Tank India feautred Nestroots raises Rs 3Cr in a pre-Seed round

Nestroots, a home decor and lifestyle brand featured on Shark Tank India, has raised Rs 3 crore in a pre-seed funding round. The funding, led by Beyond Seed Singapore and managed by Bestvantage Investments, will be used to enhance the brand's online presence and expand into international markets. Nestroots plans to diversify its product range and increase its offline presence through Shop-in-Shops and Multi-Brand Outlets. With the goal of becoming a 'Home-Everything' destination, the startup aims to cater to the growing demand in India's home decor market, which is projected to reach $39.44 billion by 2027.

Plant-based kids’ clothing brand Kidbea raises $1 Mn led by VCats

Startup News FYI

Startup News FYI · 1y ago

Kidbea, a bamboo-based kids' fashion brand, has secured $1 million in a pre-Series A funding round led by Venture Catalysts. The round also included participation from Agility Ventures, BestVantage Investments, and notable individuals including founders of Droom and a celebrity actor from Japan. The funds will be utilized for marketing, team expansion, operational improvements, R&D, and technology. Kidbea aims to become a Rs 500 crore brand within the next three years and has witnessed significant revenue growth in FY23.

GreenFortune raises $4.5 mn funding round led by Foundamental

Inshorts · 3m ago

GreenFortune raises $4.5 mn funding round led by Foundamental

GreenFortune, a Hyderabad-based windows and doors brand, secured $4.5 million in a Pre-Series A round led by Foundamental, with Titan Capital Winners Fund and Incubate Fund Asia. The funds will drive national expansion, scale production sixfold, and enhance its tech platform. GreenFortune aims for ₹250 crore ARR in two years while revolutionising India’s fenestration industry.

Perceptyne, Elixia, Brown Living, Kingdom of White raise early-stage funding

VCCircle

VCCircle · 9m ago

Perceptyne, Elixia, Brown Living, Kingdom of White raise early-stage funding

Perceptyne, Elixia, Brown Living, and Kingdom of White have all secured early-stage funding for their businesses. Perceptyne, a robotics startup, raised $3 million in seed funding to accelerate product development and customer acquisition. Logistics automation startup Elixia raised $1 million in a pre-Series A funding round to expand in the Middle East. Sustainable products marketplace Brown Living secured undisclosed funding to promote sustainable living and support India's artisan and SME sectors. Lifestyle brand Kingdom of White received an undisclosed investment from actor and entrepreneur Rana Daggubati to enhance its market presence.

Skippi Raises ₹12 Crore in Extended Pre-Series A Round, Led by Dubai-Based Family Offices, Facilitated by Bestvantage Investments

StartupTalky

StartupTalky · 24d ago

Skippi Raises ₹12 Crore in Extended Pre-Series A Round, Led by Dubai-Based Family Offices, Facilitated by Bestvantage Investments

Skippi, India's leading ice pops brand, raised ₹12 crore in an extended pre-Series A funding round, led by Dubai-based family offices and facilitated by Bestvantage Investments. This strategic capital will enhance brand visibility, product innovation, and leadership hiring, targeting a ₹100 crore valuation. Skippi, a success from Shark Tank India, plans to expand into the Middle East with support from new investors. With these funds, Skippi aims for aggressive growth, international market penetration, and brand development.

All Things Baby, Ikin Global, BitSave, DevX secure early-stage cheques

VCCircle

VCCircle · 7m ago

All Things Baby, Ikin Global, BitSave, DevX secure early-stage cheques

Indian companies All Things Baby, Ikin Global, BitSave, and DevX have secured early-stage funding. All Things Baby, a platform for mother and baby products, raised Rs 30 crore ($3.6 million) in a Series A funding round led by Inoventures and Richa Choksi. Ikin Global, an IoT smart lock brand, raised $1 million in a pre-Series A round, led by Unicorn India Ventures and Callapina Capital. BitSave, a crypto investment platform, secured an undisclosed amount in a pre-Series A round, led by Leo Capital. DevX, specializing in headless commerce solutions, secured pre-seed funding led by Avinya Ventures.

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